Unformatted text preview: yields on government’s debt. The article continues by giving examples for each of these claims. This article shows the many problems that come with many different nations taking on a single common currency, in this case particularly the euro in the European Union. This article also brings to the light that long term solutions need to be thought of and enacted in the Euro-zone states that will permanently solve these bailout problems while continuing to create a strong euro. The economy was the key area that has drawn all of these European nations together and that the European Union was founded on, and if these problems are not solved and there is a collapse of the euro, which means major problems for the economies using it, then question that rises is, what is going to unite these European countries?...
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This note was uploaded on 03/14/2012 for the course POL 333 taught by Professor Dr.mason during the Fall '10 term at Miami University.
- Fall '10